The idea of nations being in debt to eachother "is sooo last century, god."
The truth is, that what country owes who is already factored into the overall equation. Wether or not Europe ever paid us back, or how they may have paid us back is now irrelevant. It has gotten to the point now, that we are forcing other countries to buy our debt. How the hell does it make any sense to buy debt? It doesn't. It's a scam.
Even if Europe had repaid us, we would still be in debt. You know why? Because the Fed charges us interest on borrowing our own money!
EDIT to add:
As we are not so inclined, apparently this 'debt' isn't something dire to overcome... for what ever reason.
More dire than you could ever imagine. But the politicians aren't going to tell you that. They don't work for you, they work for the lobbyists, and big business. They work for the people who are robbing this country blind and have been doing so since 1913.
[edit on 5/19/0808 by jackinthebox]


Hopefully this economy does get
better business is way to slow and I have employees and bills I have to pay 
. I even get my own office and it's as big as my
kitchen. I've never had my own office before! 